California's largest for-profit health insurer is moving to dramatically raise rates for customers with individual policies, setting off a furor among policyholders and prompting state insurance regulators to investigate.
Anthem Blue Cross is telling many of its approximately 800,000 customers who buy individual coverage -- people not covered by group rates -- that its prices will go up March 1 and may be adjusted "more frequently" than its typical yearly increases.
The insurer declined to say how high it is increasing rates. But brokers who sell these policies say they are fielding numerous calls from customers incensed over premium increases of 30% to 39%, saying they come on the heels of similar jumps last year.
Many policyholders say the rate hikes are the largest they can remember, and they fear that subsequent premium growth will narrow their options -- leaving them to buy policies with higher deductibles and less coverage or putting health insurance out of reach altogether.
Imagine how much better shape the economy would be in if we could fix the health care problem before the health care bubble bursts?
The Republicans can't and won't help fix the problem, because it would actually cost them politically if they did.. That's right, their base will crucify them if they did..
ReplyDeleteIsn't that what happens with car insurance and other forms of insuranc?
ReplyDeletePretty much a "fact-free" article.
ReplyDeleteThere IS a reason for the increases, which remains a mystery.
Good propaganda-piece, though.
The Democrats have a super majority and they still can't accomplish anything meaningful.
ReplyDeleteHow is this the Republicans fault???
I agree with TerryN - personally I think the majority of Democrats are weak at the knees.. That being said, Congressional rules in many ways invalidate a majority. Apparently you need 60 votes to get anything done nowadays.. At times harnessing a 60 vote block in the senate is akin to herding cats.
ReplyDeleteDaddio,
ReplyDeleteThe reason is plain: Greed.
TerryN,
That's what the Dems get for trying bipartisanship with the Repubs. The wingers don't want anything that might help the people because that would make the Dems look good.
If you think that health care bill is helping the people you must be on the congressional plan...
ReplyDeleteReverse Dems with Repubs in your sentence and you still get the same results. Don't tell me there's honor among some thieves.
http://www.gop.gov/solutions/healthcare
ReplyDeleteNothing new in there and nothing that will fix the problems. Now stop dithering with that uselessness.
ReplyDeleteYour question: "Why won't Republicans help fix the problem?"
ReplyDeleteAnswer: http://www.gop.gov/solutions/healthcare ... solid Republican solutions to solve real problems.
To which you respond with something resembling ... is not, neener neener, pants on fire.
Perhaps saying that you disagree with the Republicans would be more genuine than insinuating that they have no ideas.